2021 was a grueling year, perhaps even more grueling than 2020. Measuring the economic fallout of the new coronavirus variants: first Delta and now Omicron, a surge in inflation and a wave of meme and cryptocurrency stocks wasn’t easy. for the average investor. Still, the shares have moved on, setting many records along the way.
The S&P 500 hit its 70th closing record of 2021 on Wednesday. According to Dow Jones market data, this is the benchmark’s most record closing record in a year since 1995. For the year, the S&P 500 was up 27%.
The Dow Jones Industrial Average hit 45 record closures in the year, while the Nasdaq Composite closed at 46 records in 2021.
(ticker: AAPL) on Monday closed its 24th record of the year at $ 180.30. Shares of the iPhone maker gained 34% in 2021. Chip maker
(NVDA) hit a record close of $ 333.76 on Nov 29, although the stock is back at $ 300.01. Shares of the powerful graphics card increased by 125% over the year.
(DVN), up around 180% in 2021, was the top performer of the S&P 500.
Exchange Traded Funds raised $ 900 billion of new money by mid-December, up from $ 500 billion in 2020. A record 450 new ETFs were launched, with the industry growing to $ 7 trillion. dollars.
(GME), the original stock of the memes, jumped as much as $ 483 in January after users of social media sites like Reddit and Twitter teamed up, amassing stock to thwart hedge funds short selling. At $ 148, the shares are still trading at multiples above historical levels and ended 2021 up 688%. Another meme title,
AMC Entertainment Holdings
(AMC), rose to $ 72.62 in June. The shares are now trading at $ 27.20, up 1.183% over the year, but below the levels last seen in early 2017.
The meme trader’s hub, Reddit’s raunchy and irreverent WallStreetBets forum, went from roughly 1.7 million subscribers in January to nearly 11.4 million at the last tally, according to numbers from subredditstats.com. WallStreetBets’ best post of the year, a video of a GameStop billboard in Times Square, garnered 447,000 net positive votes on the forum.
With more retail investors engaged than ever before thanks to increased commission-free trading, trading volumes of NYSE Composite and Nasdaq Composite reached 2.36 trillion shares, reaching around $ 2.26 trillion as early as 2020, according to Dow data. Jones Market Data.
It is not just existing stocks that are rising to the top. Lousy The operating company’s initial public offering proceeds reached $ 118 billion, nearly double the totals in 1999, 2000 and 2020, which were previous highs, IPO expert Jay Ritter said. by Barron.
Ritter’s figure excludes offer prices below $ 5 and other things like American depository receipts, share offers, closed-end funds, real estate investment funds, among other filters. It also separates IPOs of special purpose acquisition companies from IPOs of operating companies.
The SPAC IPO parade went on, with a record 612 that raised $ 162.28 billion in gross proceeds, according to data from spacinsider.com. Earlier this year,
(GRAB) raised $ 4.5 billion with a valuation of $ 37 billion, both records for a SPAC, according to DealLogic.
Cryptocurrencies have become a social media obsession for many, with Bitcoin, Ether, and the crypto meme Dogecoin among those hitting records earlier in the year. Non-fungible tokens, a kind of blockchain-backed receipt for digital assets, also had a hit in 2021. A digital artwork by Mike Winkelmann, known professionally as Beeple, sold for $ 69.3 million. at a Christie’s online auction in March.
it has renamed itself as
(FB) to signal aspirations for building the next evolution of the Internet, called the metaverse, the term has exploded into the mainstream. According to transcripts of earnings calls tracked by Sentieo, the term metaverse was mentioned in 224 calls, up from seven in 2020.
All the all-time highs in stocks, the leap in IPOs, cryptocurrencies – these are just a handful of the milestones. And others were much darker: Global cases of Covid-19, for example, hit a daily high of 1.45 million on Monday, according to the data.
However, there is hope with booster doses of the vaccine and the launch of new treatments. And investors are holding on, for now.
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